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Cable Update (GBPUSD)

  • #538,441
  • Jul 27, 2020 5:58am Jul 27, 2020 5:58am
Quoting ChiForex
Advice to traders..just wait to short around 1.2910 and forget..for a run down to 1.2730-60 is imminent..no 1.30 no BS. ONLY a base above 1.2910 on weekly that is also the monthly close will terminate this view.
Wooohoo same level. Big one indeed
  • #538,442
  • Jul 27, 2020 6:05am Jul 27, 2020 6:05am
2875 tough resistance.

Must retrace now.

IMO
Intraday only.
  • #538,443
  • Jul 27, 2020 6:12am Jul 27, 2020 6:12am
Amazing predictions. Now in 270 pips in profit from buying a week ago
  • #538,444
  • Jul 27, 2020 6:14am Jul 27, 2020 6:14am
Quoting ChiForex
Advice to traders..just wait to short around 1.2910 and forget..for a run down to 1.2730-60 is imminent..no 1.30 no BS. ONLY a base above 1.2910 on weekly that is also the monthly close will terminate this view.
Had the exact same number for retracement, a lot of big resistance around that area. Weekly 200 MA. Weekly R1.
  • #538,445
  • Jul 27, 2020 6:17am Jul 27, 2020 6:17am
To finalize the clowning here BTW members, many like to compliment each other instead of strictly criticizing useless posts that encourage 200-300 pips positions held in drawdown..such BS strategies might be hurting newcomers here..and at best NOT type of strategy to keep posting about!!
Unless you tell me you are trading on 6 month or yearly chart, shorting 1.25-1.26-1.27 and waiting for 1.20-1.22 or below..your strategy is BS..and surely it IS BS because very rare if any here trades such high time frames.

So however you turn it around in excuses...if your position goes 200-300pip against your order then your order is WRONG and that if you trade Daily/Weekly time frames NOT LESS!!!
Knowing that if you are fine with holding such drawdown you should be targeting at least the same pip amount in profit, that is the minimum goal for the least risk to reward 1:1 ratio..less than that is PURE GAMBLING..

GO TO CASINO BETTER CHANCE THERE MAYBE!
Trading D/W/M Charts. https://www.cashbackforex.com/#aid_10611
  • #538,446
  • Jul 27, 2020 6:17am Jul 27, 2020 6:17am
Quoting navk
2875 tough resistance. Must retrace now. IMO
ABOVE 2875 i give up from my shorts.

my stop 2876.
Intraday only.
  • #538,447
  • Jul 27, 2020 6:18am Jul 27, 2020 6:18am
Quoting mkvy
Amazing predictions. Now in 270 pips in profit from buying a week ago
I less than you 60 pips
210 pips
PA
  • #538,448
  • Jul 27, 2020 6:18am Jul 27, 2020 6:18am
Quoting Georginson
{quote} I see the 1.32 as you see it but not when you anticipate to see it. I will see 1.32 between September - October.
Holding sell @1.2530, Any chances to break 1.2600 this week?
  • #538,449
  • Jul 27, 2020 6:23am Jul 27, 2020 6:23am
Quoting Sunriser
{quote} Holding sell @1.2530, Any chances to break 1.2600 this week?
1.2650 for me this week as far as price doesn't break 1.29
Data + Stat + Risk/Emotions Management
  • #538,450
  • Jul 27, 2020 6:25am Jul 27, 2020 6:25am
Quoting LeongPuiy
{quote} I less than you 60 pips 210 pips
I wish i was a scalper. The day would be much more exciting and interactive, chasing 5 pips every hour would be fun more than sitting on nearly 300 pips in a week with nothing to do.
I admire profitable scalpers
Attached Image (click to enlarge)
Click to Enlarge Name: bore.jpg Size: 249 KB
  • #538,451
  • Jul 27, 2020 6:27am Jul 27, 2020 6:27am
Quoting Georginson
{quote} 1.2650 for me this week as far as price doesn't break 1.29
Thanks for ur reply bro. Let's see.
  • #538,452
  • Jul 27, 2020 6:28am Jul 27, 2020 6:28am
Quoting mkvy
{quote} I wish i was a scalper. The day would be much more exciting and interactive, chasing 5 pips every hour would be fun more than sitting on nearly 300 pips in a week. I admire profitable scalpers
Why dont split lot for half swing and half intraday/scalp?
i am doing this way , scalp 15-30 pips and hold one for intraday/swing
PA
  • #538,453
  • Jul 27, 2020 6:31am Jul 27, 2020 6:31am
Quoting Sunriser
{quote} Holding sell @1.2530, Any chances to break 1.2600 this week?
its your risk.. I won't if i was you.
  • #538,454
  • Jul 27, 2020 6:33am Jul 27, 2020 6:33am
nice development on the way to 70 pip target.

All the stats in the world cant beat a beautiful swing setup like this.
Just using your eyes to see the PA.
keep it simple.

H1 chart
Attached Image
in wondering about yourself, you forgot what you came here to be part of
  • #538,455
  • Jul 27, 2020 6:33am Jul 27, 2020 6:33am
Quoting mkvy
{quote} I wish i was a scalper. The day would be much more exciting and interactive, chasing 5 pips every hour would be fun more than sitting on nearly 300 pips in a week with nothing to do. I admire profitable scalpers {image}
No you don't!!
Don't trade what you think. Just what you see!!!
  • #538,456
  • Jul 27, 2020 6:34am Jul 27, 2020 6:34am
Quoting LeongPuiy
{quote} Why dont split lot for half swing and half intraday/scalp? i am doing this way , scalp 15-30 pips and hold one for intraday/swing
I tried that before but it always ends up in a little loss, whilst my longer term trade does ok
  • #538,457
  • Jul 27, 2020 6:37am Jul 27, 2020 6:37am
Quoting Georginson
{quote} 1.2650 for me this week as far as price doesn't break 1.29
1.29 will break. Maybe 1.3xx possible.
  • #538,458
  • Jul 27, 2020 6:37am Jul 27, 2020 6:37am
Quoting mkvy
{quote} I tried that before but it always ends up in a little loss, whilst my longer term trade does ok
I agree swing trades are better in most cases
  • #538,459
  • Jul 27, 2020 6:38am Jul 27, 2020 6:38am
Sneeeky cable
  • #538,460
  • Jul 27, 2020 6:40am Jul 27, 2020 6:40am
2875 guys... 1 or 2 pips more.

That is all.

100 pips... or more now.

My stop 28775
Intraday only.
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